Portfolio Highlights
INVESTMENTS BY SECTOR
- Industrial |
- Business & Financial Services |
- Technology, Media & Telecoms |
- Retail, Consumer & Leisure |
- Healthcare
Industrial
| Company | Region | Year of Investment | Key initiatives in 2011/12 |
|---|---|---|---|
| ABC Supply | North America | 2010 | Honored with fifth consecutive Gallup Great Workplace Award |
| BOS Solutions | North America | 2010 | Strengthened employee base and acquired a new facility |
| Morrison Supply | North America | 2011 | Acquired by Advent in November 2011 |
| Synventive | North America | 2005 | Launched new innovative products including a line of hot runner systems |
| Ceramica | Central and Eastern Europe | 2007 | Modern bricks product range consistently gained market share from its main competitor |
| Deutek | Central and Eastern Europe | 2005 | Outperformed the market through new products, exports, strategic sales and marketing actions |
| KAI Group | Central and Eastern Europe | 2007 | Increased production capacity by 12% and continued aggressive expansion in Romania |
| TES Vsetin | Central and Eastern Europe | 2011 | Strengthened management team, completed a sales and pricing overhaul which led to a strong orderbook |
| H.C. Starck | Western Europe | 2007 | Advanced innovative recycling concepts and further diversified conflict-free primary supply relationships |
| Mondo Minerals | Western Europe | 2011 | Acquired by Advent in October 2011 |
| Nukem* | Western Europe | 2006 | Managed through a politically volatile market environment and developed new sources of supply |
| Oxea | Western Europe | 2007 | Successfully increased manufacturing capacity and launched new innovative products |
| Vinnolit | Western Europe | 2000 | Initiated transformation into specialty pure play and promoted climate protection with a view to achieving CO2 savings |
Business Services
| Company | Region | Year of Investment | Key initiatives in 2011/12 |
|---|---|---|---|
| Atmosfera | Latin America | 2002 | Invested in new machinery to improve customer service levels |
| Kroton Educacional | Latin America | 2009 | Acquired UNOPAR, the largest Brazilian distance learning player, which more than doubled Kroton’s size, and continued to drive growth in the face-to-face business unit |
| Latin American Airport Holdings (LAAH) | Latin America | 2008 | Continued focus on commercial developments inside the airport terminals and tariff enhancements |
| Terminal de Contêineres de Paranaguá (TCP) | Latin America | 2011 | Improved productivity, acquired new equipment and reinforced the management team |
| Tinsa | Western Europe | 2010 | Obtained Royal Institute of Chartered Surveyors designation and acquired Tasamadrid |
| Towergate Partnership | Western Europe | 2011 | Completed the succession for the founder management team by hiring Mark Hodges, formerly UK CEO of Aviva as the new Group CEO |
Financial Services
| Company | Region | Year of Investment | Key initiatives in 2011/12 |
|---|---|---|---|
| BondDesk Group | North America | 2006 | Launched one of the most advanced retail fixed income wealth management platforms available in the market |
| TransUnion* | North America | 2012 | Investment agreed in February 2012 |
| Vantiv | North America | 2009 | Strengthened agent bank relationships by signing 21 new banks and 216 branches |
| Monte de México | Latin America | 2008 | Opened 14 new stores |
| Quero-Quero | Latin America | 2008 | Opened 24 stores (20 greenfield, 4 small acquisitions) |
| ULTIMO | Central and Eastern Europe | 2006 | Introduced operational improvements in all departments, particularly in legal collections |
| Domestic & General (D&G) | Western Europe | 2007 | Celebrated its 12 millionth customer |
| Equiniti | Western Europe | 2007 | Completed phase one of the integration between Equiniti and Xafinity and acquired the Corporate and Employee Services division of NatWest Stockbrokers |
| GFKL Financial Services | Western Europe | 2009 | Refocused by running off/disposing of non-core balance sheet businesses; implemented measures to increase operational efficiency and drive sales in the core business |
| WorldPay | Western Europe | 2010 | Focused on separation from RBS and made two acquisitions, Cardsave and Envoy Services |
| CAMS | Asia Pacific | 2007 | Selected as one of 4 record keepers for the insurance industry by the insurance regulatory authority |
* Investment announced subject to closing
Technology, Media, Telecoms
| Company | Region | Year of Investment | Key initiatives in 2011/12 |
|---|---|---|---|
| SkillSoft | North America | 2010 | Added over 660 new corporate customers |
| TransUnion* | North America | 2012 | Investment agreed in February 2012 |
| WSiP | Central and Eastern Europe | 2010 | Launched a digital platform for teachers and students; completed preparation for the final stage of educational reforms |
| Oberthur Technologies | Western Europe | 2011 | Acquired by Advent in November 2011 |
* Investment announced subject to closing
Retail, Consumer and Lesiure
| Company | Region | Year of Investment | Key initiatives in 2011/12 |
|---|---|---|---|
| Bojangles | North America | 2011 | Opened 30 new restaurants in 2011 |
| Charlotte Russe | North America | 2009 | Repositioned business model from "speciality" to "fast fashion" |
| Five Below | North America | 2010 | Opened over 50 new stores |
| Hudson Group/Dufry | North America | 2008** | Added over 6,000 square meters of retail space in the first nine months of 2011 |
| Party City/Amscan | North America | 2008 | Acquired Riethmüller and Party Packagers driving international presence and brand recognition |
| Gayosso | Latin America | 2007 | Redesigned commercial offering and improved cash collection efforts |
| International Meal Company (IMC) | Latin America | 2006*** | Acquired in-flight service companies in Brazil and Colombia. Won concessions and initiated operations in Panama and Colombia |
| Milano | Latin America | 2006 | Improved in-house manufacturing capabilities |
| Quero-Quero | Latin America | 2008 | Opened 24 stores (20 greenfield, 4 small acquisitions) |
| Devin | Central and Eastern Europe | 2009 | Increased market share by 2% versus 2010 to 39% |
** As part of Dufry-Hudson merger
*** First investment in 2006; IMC created to consolidate several investments in 2008
*** First investment in 2006; IMC created to consolidate several investments in 2008
Healthcare
| Company | Region | Year of Investment | Key initiatives in 2011/12 |
|---|---|---|---|
| Biotoscana Farma | Latin America | 2011 | Acquired by Advent in November 2011 |
| Laboratorio LKM | Latin America | 2011 | Acquired by Advent in October 2011 |
| American Heart of Poland (AHP) | Central and Eastern Europe | 2011 | Acquired by Advent in October 2011 |
| ISIDA | Central and Eastern Europe | 2011 | Launched first active advertising campaign, rebuilt Internet presence and improved call center operations. Opened one new outpatient clinic in the region |
| Labormed | Central and Eastern Europe | 2008 | Focused on working capital optimization and on managing the regulatory changes |
| Regina Maria | Central and Eastern Europe | 2010 | Successfully completed planned development projects, strengthened management team and rebranded under the Regina Maria name |
| MEDIAN Kliniken | Western Europe | 2009 | Acquired ORK to expand on MEDIAN’s existing position in psychosomatic care, thereby adding four specialist psychiatry hospitals and two residential facilities |
| Priory Group | Western Europe | 2011 | Acquired Craegmoor |
| CARE Hospitals* | Asia Pacific | 2012 | Investment agreed in March 2012 |
* Subject to closing
2,429
Babies born at Advent portfolio company hospitals in 2011
292
New stores opened at Advent portfolio companies